As instructed by The Public Trustee.
Here is a golden opportunity to maximise your return on investment. Positioned in one of the best streets in the very popular suburb of New Town – close to schools, shops and public transport – this large house is waiting for the makeover that will transform both its appearance and market value. And because it occupies an 880m2 flat block, it may also offer scope for developers.
The almost original 1948 cement block house offers a flexible floor plan over two levels. It includes a large sun filled lounge with open fire place, separate kitchen/meals area, an extra family or dining room, a sunroom and two bathrooms. There is the bonus of a separate bungalow/studio with an additional toilet. Several rooms enjoy wonderful mountain views.
The property offers a double garage, under house storage, a BBQ area and established gardens as well as off street parking for up to three cars.
Opportunities like this, in such a popular suburb, are rare indeed.
This property represents real potential to improve and enhance your investment in a prime location. Don’t miss out!